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Midway & Epic Games Announce Unreal Tournament 2007

2004’s Multiplayer Game of the Year Returns with Improved Graphics, New Game Modes, Maps, Vehicles and More

FOR IMMEDIATE RELEASE

CHICAGO, May 17, 2005 - Midway Games Inc. (NYSE: MWY), a leading developer and publisher of interactive entertainment software, today announced that the latest entry into the Unreal franchise, Unreal Tournament® 2007, is now in development. Like its predecessors, Unreal Tournament 2007, is being developed by North Carolina based, Epic Games Inc. The game will be shown for the first time at the Electronic Entertainment Expo (E3) in Los Angeles, May 18 - 20, in Midway's booth located at Petree Hall, room 4001.

"Unreal Tournament 2007 is the newest addition to one of, if not the greatest multiplayer PC franchises ever created" said Steve Allison, chief marketing officer, Midway. "UT2007 will be a major evolution for the Unreal series. Fans will be blown away by the next generation gameplay, modifiability and visuals that Epic's Unreal Engine 3 technology will bring to the franchise. Without question this will be the most visually stunning and in-depth Unreal Tournament game to-date."

"We feel confident that Unreal Tournament 2007 will deliver on Epic's promise to gamers to develop only the highest quality and most innovative titles using our cutting-edge Unreal Engine 3 technology," said Mark Rein, vice president and cofounder, Epic Games. "Unreal fans should rest assured that UT2007 will indeed raise the bar for not only the UT franchise but for all FPS titles, PC or console."

The latest entry into the Unreal franchise, Unreal Tournament 2007, will blow fans away with the gameplay, modifiability and visuals that Epic's Unreal® Engine 3 technology will deliver. Unreal Tournament 2007 is scheduled for release in 2006 for the PC.

About Epic Games

Epic Games Inc, based in Raleigh, NC and established in 1991, is a developer of cutting-edge computer and video games. The company is best known as the creator of hit PC 3D action games Unreal and Unreal Tournament, both award-winning blockbuster hits having each sold more than one million copies. Games created with the Unreal Engine include: 2002 Console Game of the Year winner, Tom Clancy's Splinter CellTM (on PC and console platforms) from Ubi Soft; PCGamer's 2000 Game of the Year, Deus Ex from Ion Storm/Eidos; America's Army: Operations, from the United States Army, and Harry Potter and the Sorcerer's Stone (PC) from Electronic Arts - and many others. Prior to their 3D success, Epic Games was well known for the hit shareware games Jill of the Jungle, Jazz Jackrabbit and Epic Pinball. Additional information can be obtained through Epic's Web site at www.epicgames.com.

About Midway

Midway Games Inc. (www.midway.com) is a leading developer, publisher and marketer of interactive entertainment software. Midway videogames are available for play on major videogame platforms including the PlayStation® 2 computer entertainment system, Xbox® video game system from Microsoft, and Nintendo GameCubeTM and Game Boy® Advance. Unreal and Unreal Tournament are registered trademarks of Epic Games, Inc. Used under license. All other trademarks are the property of their respective owners. Midway has provided the www.epicgames.com link solely as a convenience for you. The information on this site has been prepared by third parties, and Midway does not monitor, endorse or accept responsibility for the content on non-Midway sites. This press release contains forward-looking statements concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the upcoming console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2004, and in the more recent filings made by the Company with the Securities and Exchange Commission.

For More Information Contact:

Tim DaRosa

Midway - PR Manager

773.961.2445

tdarosa@midwaygames.com

Tara Monahan

HighWater Group - PR

212.338.0077 ext. 303

taram@highwatergroup.com

Miguel Iribarren

Midway - Investor Relations

773.961.2815

miribarren@midwaygames.com

Epic Games Inc.

pr@epicgames.com

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